694 



The Provision Trade in October, [nov., 1910. 



being $8.95. American refined lard dropped about 2s. per cwt. on 

 the month. 



We are still receiving fair arrivals of side meats from Russia and 

 Siberia, and at the end of the month some really good Russian could 

 be purchased at around 565. per cwt. 



English pigs can be bought still cheaper, and, with the reduced 

 output of English bacon, curers are not such keen buyers as in the 

 past. It is thought that we may see a reaction in the prices of 

 English pigs before the end of the year. 



Cheese. — The consumptive demand was again disappointing, and 

 stocks on hand are still above the average. Prices are comparatively 

 cheap ; they are practically unchanged on the month, and dealers are 

 at a loss to understand why there is not a larger consumption. 



Advices from Canada report a large October make ; the weather 

 kept mild and open for dairying purposes, and in consequence the 

 finest district makes of the month can be purchased at around 545. 6d. 

 per cwt. c.i.f. 



At the end of the month, the estimated stock of Canadian cheese 

 at the three principal distributing centres (London, Liverpool, and 

 Bristol) were 426,000 cheese, against 377,000 at the same time last year, 

 and 373,000 two years ago. 



New Zealand advices confirm the previous reports that a large 

 make is in progress. Some contracting was reported at around 555. 

 for the season's output of certain factories, but factory men are now 

 holding for around 585. c.i.f., which price the English houses refuse 

 to pay. 



In the United States of America best full-cream cheese is selling 

 at the equivalent to 735. c.i.f., and skims are realising as high as 615. 



With the open weather at home, our English make of cheese con- 

 tinued during the month, prices showing little change. 



Butter. — The market lacked animation right through the month, 

 principally on account of the mild weather, but due also to the fear 

 among buyers that the large stored stocks, and prospective large 

 arrivals, would result in lower prices. 



Prices for Colonial are from 6s. to Ss. down on the month, which 

 means about 8s. to 12s. under those current at the same time last 

 year. The weather continues favourable for a large production, both 

 in Australia and New Zealand. 



Shipments from Canada were very small, and it is anticipated that 

 the rest of this season's make will be required for home consumption. 

 In the United States prices are slightly easier, but are still around j 

 1505. per cwt. for best creameries. 



Cables from Siberia at the end of the month advise that snow has 

 fallen and the winter set in, consequently the make of butter for this 

 season is virtually over. 



Eggs. — During the whole of the month there has been a good 

 demand for eggs, especially for strictly fresh, this description being 

 scarce, and high in price for so early in the season. This has caused 

 an earlier demand for pickled lots. It is anticipated that prices will be 

 high throughout the winter. 



